Financial Advisor Insights

Investing Beyond Your 401(k): How To Do It And Why You Should

This article was written by Darrow advisor Kristin McKenna, CFP® and originally published by Forbes.

If you have extra cash to invest after maxing out a 401(k) or other retirement plan at work, it’s wise to consider your options. Most investors will have three options: a Traditional IRA, a Roth IRA, or a taxable brokerage account. Though there are important pros and cons to know about each type of account, for high-earning individuals with a significant capacity to save, the taxable investment account offers the most flexibility.

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